Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 261.90

+0.4%

Dec 26 9:30 AM EST

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To: akidron who wrote (9858)	10/28/1997 6:39:00 AM
From: LLCF	Read Replies (2) of 70976

<hk authorities just anounced that they are relaxing interest rate policy - in other words abondoning their defence of the hk $. this is pretty scary as it is a signal to all other asian markets that their currencies are not defendable> You mean all those other countries have successfully defended their currencies and now they can't? hahhahhah If thats defending I hate to see their armies in action! Here's my spin...this currency stuff if way over blown look at all the other devaluations that have happened...this all started way before we sold off here...eveythings fine right? Wrong...we're going down cause it was time to go down...nervous nellies abound...if your going to sell down another 15% just sell now and beat the rush! DAK

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